PepsiCo, Inc. (PEP) Gross Margin: 54.06%
Is PepsiCo, Inc.’s gross margin high or low?
PepsiCo, Inc.'s gross margin of 54.06% is in line with its 5-year average of 54.02%, around the middle of its 5-year range (53.03%–54.82%).
As of Thursday, June 11, 2026. 0.53% below its 12-month average of 54.35%.
PEP Gross Margin Chart
PEP Average Gross Margin Chart
PEP Current vs Average Gross Margin Chart
PEP Gross Margin Metrics
GROSS MARGIN
54.06%
GROSS MARGIN AVG TTM
54.35%
GROSS MARGIN AVG 3Y
53.99%
GROSS MARGIN AVG 5Y
54.02%
GROSS MARGIN AVG 10Y
54.36%
GROSS MARGIN AVG 15Y
53.93%
GROSS MARGIN AVG 20Y
54.06%
CURRENT VS TTM AVG
-0.53%
CURRENT VS 3Y AVG
+0.14%
CURRENT VS 5Y AVG
+0.08%
CURRENT VS 10Y AVG
-0.55%
CURRENT VS 15Y AVG
+0.25%
CURRENT VS 20Y AVG
+0.01%
PEP Competitors' Gross Margin
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| PepsiCo, Inc. (PEP) | $197.83B | 54.06% | 54.35% | 53.99% | 54.02% |
| Anheuser-Busch InBev SA/NV (BUD) | $157.22B | 55.67% | 55.59% | 54.88% | 55.85% |
| Altria Group, Inc. (MO) | $121.59B | 67.84% | 78.43% | 73.85% | 70.69% |
| Monster Beverage Corporation (MNST) | $89.55B | 55.47% | 54.95% | 53.33% | 54.78% |
| Colgate-Palmolive Company (CL) | $71.98B | 60.06% | 60.17% | 58.66% | 59.01% |
| Target Corporation (TGT) | $59.43B | 28.14% | 28.07% | 27.89% | 27.51% |
| The Procter & Gamble Company (PG) | $345.14B | 50.33% | 51.27% | 49.46% | 49.90% |
| Keurig Dr Pepper Inc. (KDP) | $43.13B | 53.78% | 54.88% | 54.10% | 54.54% |
| The Kroger Co. (KR) | $39.51B | 23.30% | 23.00% | 22.75% | 22.34% |
| Sysco Corporation (SYY) | $37.61B | 18.54% | 18.46% | 18.29% | 18.28% |
Gross Margin Analysis
Gross Margin
54.1%
(Revenue - COGS) / Revenue
PepsiCo, Inc. Gross Margin Formula & Definition
Gross Margin = Gross Profit / Revenue
Gross margin is the percentage of revenue remaining after the cost of goods sold, reflecting core product profitability.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
PepsiCo, Inc. Gross Margin FAQ
- What is the gross margin for PepsiCo, Inc. (PEP)?
- The gross margin for PEP stock is 54.06%.
- Is PepsiCo, Inc.'s gross margin high or low?
- PepsiCo, Inc.'s gross margin of 54.06% is in line with its 5-year average of 54.02%, around the middle of its 5-year range (53.03%–54.82%).
- What is the TTM average gross margin for PepsiCo, Inc. (PEP)?
- The TTM average gross margin for PEP stock is 54.35%.
- What is the 3Y average gross margin for PepsiCo, Inc. (PEP)?
- The 3Y average gross margin for PEP stock is 53.99%.
- What is the 5Y average gross margin for PepsiCo, Inc. (PEP)?
- The 5Y average gross margin for PEP stock is 54.02%.
- What is the 10Y average gross margin for PepsiCo, Inc. (PEP)?
- The 10Y average gross margin for PEP stock is 54.36%.
- What is the 15Y average gross margin for PepsiCo, Inc. (PEP)?
- The 15Y average gross margin for PEP stock is 53.93%.
- What is the 20Y average gross margin for PepsiCo, Inc. (PEP)?
- The 20Y average gross margin for PEP stock is 54.06%.
PepsiCo, Inc. Gross Margin History
| DATE | GROSS MARGIN |
|---|---|
| 2025-12-27 | 54.15% |
| 2024-12-31 | 54.55% |
| 2023-12-31 | 54.21% |
| 2022-12-31 | 53.03% |
| 2021-12-31 | 53.35% |
| 2020-12-31 | 54.82% |
| 2019-12-31 | 55.13% |
| 2018-12-31 | 54.56% |
| 2017-12-31 | 54.67% |
| 2016-12-31 | 55.06% |
| 2015-12-31 | 54.44% |
| 2014-12-31 | 53.15% |
| 2013-12-31 | 52.96% |
| 2012-12-31 | 52.22% |
| 2011-12-31 | 52.49% |
| 2010-12-31 | 54.05% |
| 2009-12-31 | 53.51% |
| 2008-12-31 | 52.95% |
| 2007-12-31 | 54.30% |
| 2006-12-31 | 55.14% |
| 2005-12-31 | 56.46% |
| 2004-12-31 | 56.69% |
| 2003-12-31 | 54.10% |
| 2002-12-31 | 54.22% |
| 2001-12-31 | 54.28% |
| 2000-12-31 | 59.86% |
| 1999-12-31 | 58.85% |
| 1998-12-31 | 62.78% |
| 1997-12-31 | 63.58% |
| 1996-12-31 | 62.70% |
Related Metrics
About PepsiCo, Inc.
PepsiCo, Inc. is a global enterprise that creates, promotes, and supplies a diverse array of drinks and easy-to-prepare food items across the globe. Its operations are structured into seven primary divisions: Frito-Lay North America, Quaker Foods North America, PepsiCo Beverages North America, Latin America, Europe, Africa/Middle East/South Asia, and the Asia Pacific, Australia, New Zealand, and China Region. The company's extensive product catalog encompasses popular snack foods like various dips, cheese snacks, spreads, and a range of chips (including corn, potato, and tortilla varieties). Its pantry staples feature cereals, rice, pasta, baking mixes, beverage syrups, granola bars, grits, oatmeal, rice cakes, and ready-made side dishes. In the beverage sector, PepsiCo offers concentrated syrups, fountain beverages, pre-packaged drinks, ready-to-consume teas, coffees, fruit juices, dairy-based items, and home carbonation systems with associated goods. PepsiCo reaches its broad clientele, which includes wholesale partners, food service providers, various retail outlets like supermarkets, pharmacies, convenience shops, discount stores, large-format retailers, membership-based stores, hard discount retailers, online merchants, and approved independent bottlers. This widespread distribution is achieved via direct store delivery, customer warehouse systems, and comprehensive distributor networks, along with direct sales to consumers through digital commerce channels and retail partners. Established in 1898, the corporation maintains its principal office in Purchase, New York.
- Sector
- Consumer Defensive
- Industry
- Beverages - Non-Alcoholic
- CEO
- Ramon Luis Laguarta